Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,442$17,304 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Morgan County, GA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Morgan County, GA
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,256 | $15,072 | $50,240 | $24.15/hr |
| 1-Bedroom Apartment | $1,315 | $15,780 | $52,600 | $25.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,442 | $17,304 | $57,680 | $27.73/hr |
| 3-Bedroom Home | $1,729 | $20,748 | $69,160 | $33.25/hr |
| 4-Bedroom Home | $2,419 | $29,028 | $96,760 | $46.52/hr |
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Frequently Asked Questions About Rent in Morgan County, GA
What is the Fair Market Rent for a 2-bedroom in Morgan County, GA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Morgan County, GA is $1,442 per month ($17,304 per year).
What hourly wage is needed to afford rent in Morgan County, GA?
To comfortably afford a 2-bedroom apartment at $1,442/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.73 per hour ($57,680/year).
What are the HUD Fair Market Rents by bedroom count in Morgan County, GA?
Official 2026 HUD rents in Morgan County, GA are: Studio: $1,256/mo, 1-Bedroom: $1,315/mo, 2-Bedroom: $1,442/mo, 3-Bedroom: $1,729/mo, and 4-Bedroom: $2,419/mo.
How do HUD Fair Market Rents compare to local incomes in Morgan County, GA?
At the local Census ACS median household income of $78,111/year ($6,509/month), the benchmark 2-bedroom Fair Market Rent represents 22.2% of monthly income.
How is the 30% housing affordability standard calculated in Morgan County, GA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,442/month, the required minimum annual gross income is calculated as ($1,442 × 12) ÷ 0.30 = $57,680 per year.